Dabur Half-Year Bottomline At Rs 44.28 Crore

THE Hinduja Group is planning to make a foray in the electronic media business with a Rs 1,000 crore investment. The group has appointed ABN Amro as financial advisors to work out a detailed growth plan, an IndusInd Media & Communications release said.

According to Mark Salgado of ABN Amro, the company is in the process of identifying potential acquisitions.

"We have been appointed by the Hinduja Group sine the beginning of this year as strategic financial advisors for its aggressive growth plans for the cable business in India. This will include identification of potential acquisitions and alliances with international technical and content partners," he said.